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Company type | Government enterprise |
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Industry | Alcoholic beverages |
Founded | 1932 |
Headquarters | , |
Key people | Leena Laitinen (CEO) |
Products | Alcoholic beverages |
Revenue | €1,174.8 million (2017) |
Number of employees | 2,401 (2017) |
Website | www |
Alko Inc is the national alcoholic beverage retailing monopoly in Finland. It is the only store in the country which retails beer over 8% ABV, wine (except in vineyards) and spirits.[1] [2] Alcoholic beverages are also sold in licensed restaurants and bars but only for consumption on the premises.
Alko is required by law to sell drinks with lower alcohol content than 8% and non-alcoholic alternatives, but in practice carries a very limited stock of low alcohol beer, cider and non-alcoholic drinks and others as supermarkets are allowed to sell those at a substantially lower price. By law, alcoholic drinks may only be sold to those aged 18 or above.